Housing provisions didn't make it into the Inflation Reduction Act, but there are some positive developments for the mortgage industry on taxes.

Rithm launched its single-family rental operations in 2019 and had acquired 3,285 properties as of the end of March.

Just like private market participants, the Fed is experiencing unrealized losses on its massive holdings of agency MBS and Treasury securities.

Rocket's new home-equity loan; NYCB waiting for regulatory approval on Flagstar merger; homeowners looking for financing for energy efficiency improvements.

The mortgage giant netted $4.65 billion in the second quarter, a 6% sequential jump, but a 40% decline from 2Q21.

Redwood took losses on both its long-term investments and jumbo aggregation activity in the second quarter.

Freddie's $2.5 billion in profits brings the company's net worth to $34.1 billion.

Annaly's net income declined by almost 60% on a sequential basis in the second quarter.

The lender, Pennsylvania-based Trident Mortgage Company, was accused of redlining majority-minority neighborhoods in the Philadelphia area and will pay over $22 million under the settlement.

Spreads are widening on CRT products, indicating a lack of investor interest. Simultaneously, the GSEs are reducing their deal sizes and issuance is expected to decline.